This compound is primarily utilized in the pharmaceutical and agrochemical industries as a key intermediate in the synthesis of more complex molecules. In pharmaceuticals, it serves as a building block for developing active pharmaceutical ingredients (APIs) that target specific diseases, particularly in the creation of anti-inflammatory and analgesic drugs. Its structural properties allow for modifications that enhance drug efficacy and selectivity. In agrochemicals, it is used to develop herbicides and pesticides, where its fluorine and bromine substituents contribute to the effectiveness of these products in controlling pests and weeds. Additionally, it finds applications in organic synthesis for creating specialized chemicals used in research and industrial processes.